Evening Magazine has been running Real Estate '08 episodes all this week. The segments have been entertaining (with the notable exception of a segment talking up the wonders of condo hotels). And by featuring Seattle Bubble's Tim Ellis, a prominent dissenter to Seattle real estate boosterism, they were somewhat inclusive. On Monday, Evening Magazine had a segment on Zillow's Make Me Move product and it showed that a homeowner had used the feature to make a significant profit on his Lake Sammamish home. Two comments to the story:
- Evening Magazine should have disclosed that the home seller using the "Make Me Move" feature was a (now former) Zillow employee
- The same home appears now to be back on the market - it would be great to do a followup story on whether the (impulse) buyers (they bought the house less than a year ago) on the other end of "Make Me Move" regret their decision - the house is now listed for
$675k$549k (update 7/25/08) and they purchased it for $660k
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